NCLAT Adjourns Oswal Minerals and Satellite Cables Appeals

Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: August 6, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard two connected matters: Comp. App. (AT) (Ins) No. 1038 of 2024 (Vinay Gupta vs. Oswal Minerals Ltd. & Ors.) and Restoration Application (AT) No. 9 of 2025 in Comp. App. (AT) (Ins) No. 1032 of 2024 (Niharika Goel vs. Suraj Garg SRA of Satellite Cables Pvt. Ltd. & Ors.). Both cases involve corporate insolvency resolution proceedings. Multiple legal representatives appeared for various parties including resolution professionals and suspended directors.

Final Outcome

The Appellate Tribunal adjourned both appeals to August 7, 2026, as the first case on the board. The adjournment was granted due to the unavailability of the arguing counsel, Shri Sanchit Garg, who was appearing before the Supreme Court on that date. No substantive hearing or decision on the merits of the cases occurred.

Topics: NCLAT Proceedings, Insolvency Appeals